Jonathan Wong
The Latest
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Citigroup to Slash 20,000 Jobs in Sweeping Cost-Cutting Measure
Citigroup has announced plans to cut approximately 20,000 jobs over the next two to five years. The drastic workforce reduction is part of CEO Jane Fraser's comprehensive strategy to overhaul the third-largest U.S. bank by assets and boost its lagging performance and stock price. 
Citigroup has announced plans to cut approximately 20,000 jobs over the next two to five years. The drastic workforce reduction is part of CEO Jane Fraser's comprehensive strategy to overhaul the third-largest U.S. bank by assets and boost its lagging performance and stock price. -
Hertz Shifts Gears, Plans to Sell 20,000 EVs and Reinvest in Gas-Powered
Hertz Global Holdings, one of the largest car rental firms, announced its plan to sell approximately 20,000 electric vehicles (EVs) from its U.S. fleet. This decision, as reported in a recent Securities and Exchange Commission filing, represents a reduction of one-third of the company's global EV fleet. 
Hertz Global Holdings, one of the largest car rental firms, announced its plan to sell approximately 20,000 electric vehicles (EVs) from its U.S. fleet. This decision, as reported in a recent Securities and Exchange Commission filing, represents a reduction of one-third of the company's global EV fleet. -
Microsoft Surpasses Apple as World's Most Valuable Company Amid AI Boom
Microsoft has reclaimed its position as the world's most valuable company, surpassing Apple. This change, largely attributed to Microsoft's early strides in the generative artificial intelligence (AI) space, marks a significant moment in the evolving landscape of global technology giants. 
Microsoft has reclaimed its position as the world's most valuable company, surpassing Apple. This change, largely attributed to Microsoft's early strides in the generative artificial intelligence (AI) space, marks a significant moment in the evolving landscape of global technology giants. -
Google Announces Major Layoffs Amid AI Development Focus
Google has announced layoffs affecting several hundred employees across various divisions, signaling a strategic shift towards bolstering its artificial intelligence (AI) capabilities. This decision reflects the intensified competition in the tech industry, particularly in the AI sector, where Google faces stiff competition from companies like Microsoft. 
Google has announced layoffs affecting several hundred employees across various divisions, signaling a strategic shift towards bolstering its artificial intelligence (AI) capabilities. This decision reflects the intensified competition in the tech industry, particularly in the AI sector, where Google faces stiff competition from companies like Microsoft. -
Amazon Prime Video and MGM Studios Face Job Cuts Amid Streamlining Efforts
Amazon has announced the termination of several hundred positions within its Prime Video and MGM Studios divisions, a move confirmed by Mike Hopkins, the executive overseeing these units. 
Amazon has announced the termination of several hundred positions within its Prime Video and MGM Studios divisions, a move confirmed by Mike Hopkins, the executive overseeing these units. -
Alarming Levels of Plastic Particles Found in Bottled Water, Study Reveals
The study, published in the Proceedings of the National Academy of Sciences, reveals that a typical liter of bottled water contains about 240,000 detectable plastic fragments, a figure that far surpasses previous estimates. 
The study, published in the Proceedings of the National Academy of Sciences, reveals that a typical liter of bottled water contains about 240,000 detectable plastic fragments, a figure that far surpasses previous estimates. -
Elon Musk's Cryptic Clue Points to Exciting New Developments at Tesla
In a recent exchange on the social media platform X, Elon Musk, the CEO of Tesla, Inc., hinted at the launch of new products from the electric vehicle (EV) giant, sparking widespread speculation and excitement in the tech and automotive industries. 
In a recent exchange on the social media platform X, Elon Musk, the CEO of Tesla, Inc., hinted at the launch of new products from the electric vehicle (EV) giant, sparking widespread speculation and excitement in the tech and automotive industries. -
United and Alaska Airlines Find Loose Parts on Boeing 737 MAX 9, Prompting FAA Grounding
The aviation industry is facing renewed scrutiny over Boeing's 737 MAX 9 aircraft, following the discovery of loose parts on planes operated by United Airlines and Alaska Airlines. 
The aviation industry is facing renewed scrutiny over Boeing's 737 MAX 9 aircraft, following the discovery of loose parts on planes operated by United Airlines and Alaska Airlines. -
Boeing Stocks Plunge 8% Pre-Market After Global Grounding of 737 Max 9 Following In-Flight Incident
In a harrowing incident that left the world aghast, a Boeing aircraft found itself at the center of a fresh controversy when, flying at 5,000 meters, a loud bang was heard, and a massive hole appeared in the plane's side after an emergency door was blown away. 
In a harrowing incident that left the world aghast, a Boeing aircraft found itself at the center of a fresh controversy when, flying at 5,000 meters, a loud bang was heard, and a massive hole appeared in the plane's side after an emergency door was blown away. -
BlackRock Gears Up with $2 Billion for Forthcoming Bitcoin ETF Approval
BlackRock, the New York-based asset management behemoth, is reportedly gearing up for a significant foray into the cryptocurrency market. The firm is said to be lining up approximately $2 billion in capital for the launch of its iShares Bitcoin Trust (IBIT), a spot Bitcoin exchange-traded fund (ETF) designed to offer regulated exposure to Bitcoin (BTC) for investors 
BlackRock, the New York-based asset management behemoth, is reportedly gearing up for a significant foray into the cryptocurrency market. The firm is said to be lining up approximately $2 billion in capital for the launch of its iShares Bitcoin Trust (IBIT), a spot Bitcoin exchange-traded fund (ETF) designed to offer regulated exposure to Bitcoin (BTC) for investors
